Excel modelling is an integral part of Monte Carlo simulation and at the end of the course students will have a sound foundation on how to set up different Excel models. Additional tutorial examples ...

Journal of the Royal Statistical Society. Series D (The Statistician), Vol. 51, No. 1 (2002), pp. 31-40 (10 pages) The paper demonstrates the use of functions provided by EXCEL for simulation of two ...

The paper demonstrates the use of functions provided by EXCEL for simulation of two types of hidden Markov models. The graphical capabilities of EXCEL are then used to visualize the simulated models.